Football finance. @AnfieldIndex regular (inc. Money Talks). Former wrestling and MMA writer & Wrestling Channel presenter. Views mine.
Leicester, UK
Joined April 2009
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Liverpool's 'summer of madness' is delighting its fans in equal proportion to upsetting rival supporters. Once the Ekitike deal is concluded, transfer fee outlay will hit £260m- with further expensive incomings expected. This thread explains how the club is financing it.
We know Manchester City benefited from over £830m of illicit additions to sponsorship income courtesy of Abu Dhabi United Group (ADUG) between 2009/10 and 2017/18. I believe this did not stop, and continues to the present day. I believe ADUG paid City over £1.4bn since 2018/19.
In nearly every significant case of cheating in professional sports, shortcuts were taken to secure marginal gains. This was far more than about marginal gains.
Mo Chatra retweeted
Manchester City cheated Premier League rules, the Commission found. Did it also cheat HMRC?
We've examined the decision and leaked Mancini documents. We think City likely failed to pay £12m in tax.
There should be a criminal investigation.
Thread:
Mo Chatra retweeted
Timely reminder of the compassion of some City fans and the sort of stuff journalists probing City have to endure.
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Live now!
🆕 LIVE PODCAST ALERT 🚨
🟥 Nick Harris: What Man City's Guilty Verdict Means for #LFC
🎙️ Special Guest @sportingintel joins @MoChatra with his reaction to the #MCFC verdict.
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Looking forward to going live with Nick Harris in less than an hour.
🆕 LIVE PODCAST ALERT 🚨
🟥 Nick Harris: What Man City's Guilty Verdict Means for #LFC
🎙️ Special Guest @sportingintel joins @MoChatra with his reaction to the #MCFC verdict.
🕛 1930 BST
📺 Available LIVE here on X plus YouTubeJoin Dave LIVE on YouTube at 9am Reds...
I estimated the incredible level of Manchester City's financial doping way back in 2019, and it turns out I hadn't overstated the figures in the slightest.
That's just overstating sponsorship revenue. It doesn't include any off-the-books payments to players, agents and other staff or the slightly less dubious practice of allocating City-related expenditure to City Football Group (the parent company).
Mo Chatra retweeted
Wow. One of the most damning sections of the Man City judgment is about witness credibility.
The Commission said (their words) that several key City witnesses gave evidence that was: False, Untrue, Dishonest.
That’s extraordinary, regulators rarely use language like that unless the evidence is overwhelming. And it matters because credibility is the foundation of many defences. If your witnesses fall, your case usually follows. City’s case fell hard.
(resources.premierleague.puls…)